- Joined
- 2/18/24
- Messages
- 27
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- 13
So, I saw a post about “AI-resistant finance roles” and it got me wondering if quant finance could survive the AI boom.
My initial thoughts were of course, because you need people to be able to build new models, understand their limitations, monitoring them and switching different models in and out for different use cases. You can’t have LLMs making other types of models right, that sounds like a recipe for disaster although it’d likely be quicker and more cost effective. I always saw AI as a way for people of all industries, especially intellectually intensive industries, to improve their productivity rather than replace them.
However, as I thought about it more, I started to think that buy-side firms are exactly the types of companies who would try their luck with this sort of thing.
So, are the buy-side roles destined to be left to a small number of AI PhDs, while everyone else stays in sell-side roles where you’d imagine that maintaining teams to build and oversee models will be mandated by regulation? Or is everybody safe? What do you guys think?
For context: I’m starting an MFE in September so I am just a bit worried that there might not be a job waiting for me at the end. So I might be over blowing it, but I think it’s a valid concern.
My initial thoughts were of course, because you need people to be able to build new models, understand their limitations, monitoring them and switching different models in and out for different use cases. You can’t have LLMs making other types of models right, that sounds like a recipe for disaster although it’d likely be quicker and more cost effective. I always saw AI as a way for people of all industries, especially intellectually intensive industries, to improve their productivity rather than replace them.
However, as I thought about it more, I started to think that buy-side firms are exactly the types of companies who would try their luck with this sort of thing.
So, are the buy-side roles destined to be left to a small number of AI PhDs, while everyone else stays in sell-side roles where you’d imagine that maintaining teams to build and oversee models will be mandated by regulation? Or is everybody safe? What do you guys think?
For context: I’m starting an MFE in September so I am just a bit worried that there might not be a job waiting for me at the end. So I might be over blowing it, but I think it’s a valid concern.
